US jobless benefit claims fall last week as labor market remains strong despite recession fears
By MATT OTT, Associated Press Business Writer
WASHINGTON (AP) — U.S. applications for jobless benefits fell again last week as the labor market continues to hold up despite fears of a tariff-induced recession.
Jobless claim applications fell by 9,000 to 215,000 for the week ending April 12, the Labor Department said Thursday. That’s well below the 225,000 new applications analysts forecast.
Weekly applications for jobless benefits are considered a proxy for layoffs, and have mostly s